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Giấy phép số 4978/GP-TTĐT do Sở Thông tin và Truyền thông Hà Nội cấp ngày 14 tháng 10 năm 2019 / Giấy phép SĐ, BS GP ICP số 2107/GP-TTĐT do Sở TTTT Hà Nội cấp ngày 13/7/2022.
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Hanoi has submitted an important proposal to the Pacific Construction Group (China) regarding the Văn Cao – Hòa Lạc metro line, a project with total investment of 72.3 trillion dong. On the afternoon of April 9, a Memorandum of Understanding on cooperation was signed between the Hanoi Department of Construction…
Oil prices fell by about 13% in the week leading up to talks between the United States and Iran aimed at achieving a long-term ceasefire.
At the close on April 10, Brent crude was down 0.8% at $95.20 a barrel. WTI crude fell 1.3% to $96.50.
For the week as a whole, Brent declined 12.7%, its biggest drop since August 2022. WTI fell 13.4%, the largest decline since the global Covid-19 lockdown in April 2020.
The two benchmark crude oils remain around $100 a barrel as attacks continue and oil flows through the Hormuz Strait remain restricted. Commerzbank analysts said the main issue is whether traffic through Hormuz can be restored, adding that if supply from the Persian Gulf remains blocked, prices will continue to rise.
Reuters data cited by shipping-data trackers indicate that the volume of ships passing through Hormuz is still well below 10% of pre-conflict levels. Most vessels through the strait in recent days were related to Iran.
On April 7, an Iranian official said the country wants to charge tolls on ships passing through Hormuz under a peace agreement. Western leaders and the United Nations’ shipping-safety body rejected the proposal.
Hormuz is a transport corridor responsible for about 20% of global oil and liquefied gas flows before the conflict. The strait has been almost fully blocked since late February.
The conflict has also damaged more than 60 energy infrastructure facilities in the Gulf. While most attacks did not cause long-lasting disruption, JPMorgan analysts said at least eight facilities may take time to repair.
In March, Middle Eastern countries reduced production by about 7.5 million barrels per day as storage capacity tightened. The reduction could reach 9.1 million barrels per day in April, according to a report released earlier this week by the U.S. Energy Information Administration (EIA).
Global oil supply declines are expected to push the market into a supply-shortage state this year, reversing prior forecasts of a surplus.
Hà Thu (via Reuters).
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
